MulanSG
03-25
$Grab Holdings(GRAB)$ had an IPO run, fell and never recovered. Looks like path to profitability has been tough.
A Bagholder Forever? Which Stock May Never Recover?
Which of your stocks may never recover? Let's talk about your longest-lasting "losing-friend". For example, those bought First Republic Bank and Silicon Valley Bank during the bank run; Or those who participated in the 2021 short squeeze battle by buying GME or AMC; (GME is about to release earnings this week) Or perhaps those who bought Vinfast at its peak last year? ---------------- Which stock is your longest losing friend? Share your bagholder experience together? What lessons do you get from these stocks?
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Comments

  • The Prophet
    03-26
    The Prophet
    If you’re staying in Malaysia, currently their digital bank (GX Bank) ads are everywhere, on radio, on car (Perodua bezza) and etc, profitability sure tough cause they need to spend money on these, growth companies normally don’t earn alot cause they need to pay more incentives to grab more market share. But once they get enough of market share, they will slowly cut all the incentives given to customer or business partner, then only you can see profit. If their digital bank segment boom, at that time very tough to get current price already.
  • Jo Ker
    03-26
    Jo Ker
    This one is simple. Just sell and reinvest your money in another stock. You can buy SEA which is based in Singapore as well. Grab is trash company while SEA is a company that is always trying to create new revenue stream using the revenue they are generating from their business.
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